The United Kingdom does not please traders with positive news | 08 Marzo 2019

08 Marzo 2019, GBP/USD

GBPUSD trading plan:

The main event of the day will be the publication of the employment report in the United States. I am waiting for the Non-Farm indicator at the consensus forecast level. This is a neutral factor for the U.S. currency. The United Kingdom does not please traders with positive news. The U.K. is currently due to exit the European Union, with or without a deal, on March 29, but a delay to the process is looking more likely, potentially extending uncertainty. Investors now avoid investing in British assets. This is a negative signal for the British currency!

Trading recommendation: Sell 1.3105 and take profit 1.3075.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
David Johnson
Analyst of «FreshForex» company
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